29 Oct
|
Insulators and Electricals Company (Hindusthan Group)
|
Mandideep
29 Oct
Insulators and Electricals Company (Hindusthan Group)
Mandideep
Designation: CPC Head / Head – Commercial, Procurement & Control
Suitable Current Designations: AVP / General Manager (GM) / Deputy General Manager (DGM) / Assistant General Manager (AGM)
Qualification: Chartered Accountant (CA) – Mandatory
Industry Preference: Chemical, Pharmaceutical, Textile, or other process/manufacturing industries
Experience: Extensive experience in plant operations, Supply Chain Management (SCM), Inventory Management, Purchase, Procurement, and Accounts.
Job Summary
We are looking for an experienced and result-oriented CPC Head to lead and oversee commercial, procurement, supply chain, inventory, and accounts-related functions at the plant level. The ideal candidate should be a qualified Chartered Accountant (CA) with extensive experience in managing plant operations and a strong understanding of the chemical, pharmaceutical, or textile industries.
The candidate must possess strong leadership, financial management, commercial acumen, and strategic planning skills, with a proven track record of optimizing procurement costs, controlling inventory, streamlining supply chain operations, and ensuring effective financial and operational controls.
Key Responsibilities 1. Supply Chain Management (SCM)
- Lead and oversee end-to-end supply chain operations, including material planning, sourcing, procurement, warehousing, inventory, and logistics.
- Ensure timely availability of raw materials, consumables, spares, and other essential materials for uninterrupted plant operations.
- Develop and implement effective supply chain strategies to improve operational efficiency and reduce overall costs.
- Coordinate with Production, Planning, Stores, Finance, and other departments to align material availability with business requirements.
2. Purchase & Procurement
- Lead strategic sourcing, vendor development, supplier evaluation, and procurement activities.
- Develop and maintain strong relationships with suppliers and negotiate competitive prices, payment terms, and delivery schedules.
- Establish procurement policies, procedures, and controls to ensure cost-effectiveness, transparency, and compliance.
- Monitor purchase budgets, procurement costs,
supplier performance, and contract management.
- Identify cost-saving opportunities through vendor negotiations, alternate sourcing, and process improvements.
3. Inventory & Stores Management
- Oversee inventory planning, stock control, material movement, and warehouse management.
- Maintain optimum inventory levels while minimizing excess stock, dead stock, and working capital blockage.
- Establish inventory control systems, stock verification procedures, and reconciliation processes.
- Monitor inventory turnover, ageing, consumption patterns, and material availability.
- Ensure proper documentation, material traceability, and effective coordination between Stores, Purchase, and Production.
4. Accounts & Financial Control
- Oversee plant-level accounting, financial reporting, budgeting, cost control, and financial analysis.
- Monitor plant expenses, working capital, cash flow, and cost variances.
- Ensure accurate accounting of purchases, inventory, material consumption, and operational expenses.
- Establish effective internal financial controls and ensure compliance with applicable accounting standards, tax regulations, and statutory requirements.
- Prepare and review MIS reports, financial statements, cost reports, and management dashboards.
- Coordinate with corporate finance, auditors, tax consultants, and other relevant stakeholders.
5. Plant & Commercial Management
- Manage and monitor plant-level commercial activities, ensuring operational efficiency and financial discipline.
- Develop systems for monitoring plant costs, procurement efficiency, inventory valuation, and material utilization.
- Work closely with plant leadership to improve productivity, reduce operating costs, and enhance profitability.
- Ensure coordination among Purchase, Stores, Accounts, Production,
and Supply Chain functions.
- Identify operational risks and implement corrective measures to improve overall plant performance.
6. Strategic Planning & Leadership
- Develop and implement strategies for procurement optimization, inventory reduction, working capital improvement, and cost efficiency.
- Lead, mentor, and develop teams across procurement, supply chain, inventory, and accounts functions.
- Establish performance indicators (KPIs) to monitor departmental efficiency and business performance.
- Drive continuous improvement initiatives, process standardization, and system implementation.
- Provide strategic inputs to senior management regarding cost optimization, financial performance, and operational improvements.
Mandatory Requirements
- Qualified Chartered Accountant (CA) from a recognized professional body.
- Currently working or previously worked at a senior management level, such as AVP, GM, DGM, or AGM.
- Extensive experience in Supply Chain Management, Purchase, Procurement, Inventory Management, and Accounts.
- Robust understanding of chemical, pharmaceutical, textile, or related manufacturing/process industries.
- Proven experience in plant management, plant-level commercial operations, and cost control.
- Strong knowledge of financial management, budgeting, working capital, inventory valuation, and MIS reporting.
- Demonstrated ability to negotiate with vendors, optimize procurement costs, and improve operational efficiency.
- Excellent leadership, analytical, communication, and decision-making skills.
Preferred Skills
- Strategic sourcing and vendor development.
- Inventory optimization and working capital management.
- Plant costing and financial analysis.
- Procurement planning and contract negotiation.
- ERP systems and inventory/accounting software.
- MIS reporting, budgeting, and cost control.
- Internal controls, statutory compliance, and risk management.
- Cross-functional team management and process improvement.
Pay: ₹5,000,000.00 - ₹6,000,000.00 per year
Benefits:
- Health insurance
- Provident Fund
Work Location: In person
📌 Central Procurement & Control (CPC) Head (Mandideep)
🏢 Insulators and Electricals Company (Hindusthan Group)
📍 Mandideep